Colombia: Exports fall in February
Exports declined 5.2% in February over the same month a year earlier, contrasting the 11.7% year-on-year jump logged in January. February’s downturn largely reflected a fall in exports of fuels and products of extractive industries, as well as manufactured goods.
In January—the latest month for which data is available—imports increased 0.6% over the same month of 2019, which contrasted the 2.6% fall recorded in December.
Meanwhile, the trade deficit narrowed to USD 690 million in January from the USD 1.0 billion shortfall in the same month of 2019.